Stovec Industries Ltd.
Snapshot View

2897.95 +0.20 ▲0.0%

03 August 2021, 03:05:00 P.M.
Volume: 930

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Machinery Compare with Industry peers
Website
Financial Indicators
Market Cap 605.05 Cr.
Earnings per share (EPS) 93.73 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 30.92 Trailing Twelve Months Ending 2021-03
Industry PE 120.89 Trailing Twelve Months Ending 2021-03
Book Value / Share 700.03 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.14 Calculated using Price: 2,897.75
Dividend Yield 0.76 Period Ending 2020-12
No. of Shares Subscribed 0.21 Cr. 2,088,016 Shares
FaceValue 10
Company Profile

Stovec Industries Limited (SIL) was incorporated on June 5, 1973 as Stovec Screens India Limited under the Companies Act, 1956 with the Registrar of Companies, Mumbai and was subsequently renamed Stovec Industries Limited on October 12, 1988. The registered office was shifted to the state of Gujarat in the year 2007. The registered & corporate office and manufacturing facilities of the company are situated at N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad, Gujarat.

SIL is presently engaged into manufacturing of perforated nickel rotary screens and engraved cylindrical screens, (“consumables”), Rotary printing machines, Anilox Rollers, press room chemicals. The company is also engaged into trading of Rotamesh screens for label printing.

The core activities of the company are development and production of consumables for their use in textile and graphic printing industry. The activity also includes manufacturing, supply, installation and after sales support of the Rotary printing machines.

The company has entered into a technical collaboration agreement with Stork Screens B.V. (since renamed as SPBV) for the supply of complete know-how and information for the manufacture of screens, planning of the project and to supply imported machinery. Commercial production of preformatted nickel rotary screens commenced in August, 1975.

The company in the past was engaged into manufacturing of pre-sensitised off-set plates used in graphics industry and was also engaged into manufacturing of electronic parts. Stormac India Limited was merged with SIL with effect from October 1, 1987. Consequent to an order passed by BIFR on November 26, 1990, Assotex Engineering Industries Limited, was amalgamated with SIL effective April 1, 1989. Storle Pumps India Ltd and Pranay Shares & Securities Limited were the subsidiaries of SIL. The company has already divested its stake from the said companies. The company also sold off the pre-sensitised off-set plates, electronics, sintered metal and ferrite division over the period of time.

The shares of the company are listed on the BSE and ASE.

Business area of the company

The company’s principal activities are to manufacture and distribute pre-sensitized offset plates, screens and electronic and other machinery related products.

The company operates mainly in four segments: industrial machinery, screens, chemicals and graphics. The Industrial Machinery segment manufactures rotary screen printing machines, components and spares. The Screens segment manufactures perforated rotary screens, engraving and auxiliary chemicals and engraved copper rollers. Chemical segment includes manufacturing of engraving and press room chemicals. The Graphics segment manufactures pre-sensitized offset plates and press room chemicals.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.01%
1 Week
+4.10%
1 Month
+6.37%
3 Month
+56.22%
6 Month
+46.51%
1 Year
+54.02%
2 Year
+65.34%
5 Year
+32.24%
9 years 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12
Return on Equity (%) 18.00 22.53 20.55 31.97 28.65 26.16 33.34 21.82 9.97
Return on Capital Employed (%) 26.28 32.35 30.69 48.63 43.86 40.24 46.95 29.12 12.74
Return on Assets (%) 12.27 13.38 10.46 14.96 14.93 17.09 22.51 15.09 7.32

Balance Sheet View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2015-12 Rs. Cr. 2016-12 Rs. Cr. 2017-12 Rs. Cr. 2018-12 Rs. Cr. 2019-12 Rs. Cr. 2020-12 Rs. Cr.
Shh. Funds 44 50 58 71 85 111 121 135 135
Non Curr. Liab. 3 28 33 43 3 3 3 2 2
Curr. Liab. 16 17 27 43 54 44 62 48 47
Minority Int.
Equity & Liab. 63 95 117 157 143 158 186 184 184
Non Curr. Assets 18 39 57 69 49 45 33 34 34
Curr. Assets 45 56 60 89 94 113 153 151 150
Misc. Exp. not W/O
Total Assets 63 95 117 157 143 158 186 184 184

Profit Loss View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2015-12 Rs. Cr. 2016-12 Rs. Cr. 2017-12 Rs. Cr. 2018-12 Rs. Cr. 2019-12 Rs. Cr. 2020-12 Rs. Cr.
Net Sales 73 77 95 157 189 210 193 194 150
Other Income 3 3 3 4 4 4 6 5 5
Total Income 76 81 98 160 192 214 199 200 155
Total Expenditure -64 -64 -79 -124 -153 -168 -153 -158 -134
PBIDT 12 17 19 36 39 46 46 42 22
Interest 0 0 0 0 0 0 0 0 0
Depreciation -2 -2 -3 -5 -5 -6 -5 -4 -5
Taxation -3 -5 -5 -11 -12 -14 -16 -9 -4
Exceptional Items 14
PAT 7 11 11 21 22 26 39 28 13

Cash Flow View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2015-12 Rs. Cr. 2016-12 Rs. Cr. 2017-12 Rs. Cr. 2018-12 Rs. Cr. 2019-12 Rs. Cr. 2020-12 Rs. Cr.
Cash Fr. Operatn. 10 9 5 18 25 20 41 21 22
Cash Fr. Inv. -7 1 -11 -13 -19 -7 -36 16 -27
Cash Fr. Finan. -2 -3 -4 -4 -8 -8 -9 -14 -12
Net Change 2 7 -10 1 -1 5 -5 23 -18
Cash & Cash Eqvt 11 18 8 9 8 13 8 31 14

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 71.06 71.06 71.06 71.06 71.06 71.06 71.06 71.06 71.06
Public 28.94 28.94 28.94 28.94 28.94 28.94 28.94 28.94 28.94
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
Mon, 26 Jul 2021
Board Meeting Intimation for Consider And Approve The Unaudited Financial Results Of The Company.
STOVEC INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2021 inter alia to consider and approve the Unaudited Financial Results of the Company for the quarter and half year ended on June 30 2021.
Fri, 23 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please refer attachment

Technical Scans View Details

Mon, 02 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Closing Above Previous High Closing Above Previous High
Close Within 52 Week High Zone Close Within 52 Week High Zone
William %R Crossed -20 From Below William %R Crossed -20 From Below

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